Banker's Bank

(redirected from Banker's Banks)

Banker's Bank

A bank that provides loans and other services to small banks in local communities. Because they provide capital to (and therefore spread risk over) a large number of local banks, banker's banks enable community banks to provide retail services for a lower expense than otherwise would be possible. Banker's banks originated in Minnesota in 1975.
References in periodicals archive ?
said, 'FNBB and IBB have shared common operating philosophies as conservatively run and traditional banker's banks since our respective inceptions over thirty years ago, making this marriage a great fit for both organisations and our customers.'
Then, too, firms like Lending-Tools.com, a developer of automated correspondent systems, now are pushing into the corporate credit union marketplace and what they are selling are exactly the tool kits used by banker's banks. A first customer is slated to be Kansas Corporate Credit Union in a deal announced in February, but Eric Goering, CEO of Lending-Tools, said he anticipates more deals with corporates imminently.